Yahoo Investor Steps Up Pressure to Have CEO Fired

Yahoo! Inc. is under pressure from Third Point LLC, one of its largest investors, to dismiss Chief Executive Officer Scott Thompson for failing to correct false academic information on his biography.

Third Point, which is fighting for representation on Yahoo’s board because it says the company is poorly managed, said Yahoo should “terminate Mr. Thompson for cause immediately,” after his resume erroneously said he had a degree in computer science. Yahoo is reviewing the matter.